FAB Home Loan

FAB Home Loan

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

2.75 %

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

4.99 %

DOWN PAYMENT

20.00 %

  • Refund of valuation fees up to AED 3,000
  • No processing fee
  • Cash refund of pre-payment fee up to AED 10,000*
  • Free pre-approval

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 20,000,000

Fixed Rate

2.75 %

Reducing Rate

4.99 %

Down Payment

20.00 %

Key Features

  • Rates as low as 2.75%
  • Borrow up to 80% of the value of your home
  • Flexible repayment schedule
  • Choose the rates and durations that suit you
  • Borrow up to AED 20m
  • Life and property insurance coverage
  • Processing fees as low as 1%
  • Solutions available for UAE nationals, GCC nationals (both UAE resident and non-resident), and other expats living in the UAE
FAB Home Loan for Residents and UAE Nationals

FAB Home Loan for Residents and UAE Nationals

First Abu Dhabi Bank (FAB)

MINIMUM SALARY

AED 15,000

FIXED RATE

1.99%

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

1.99%

DOWN PAYMENT

30.00%

  • Multiple fixed-rate options available to choose from
  • No approval-in-principle fees
  • Reduced processing fee: 0.5% + VAT
  • Borrow upto AED 20 Million

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 20,000,000

Fixed Rate

1.99%

Reducing Rate

1.99%

Down Payment

30.00%

Key Features

Starting from 1.99% per year for a two-year fixed interest rate.

Multiple fixed-rate options available so you can choose the payments and durations that suit you:
- 2 years starting from 1.99% per year
- 3 years starting from 2.19% per year
- 5 years starting from 2.49% per year

*Applicable rate shall apply after completion of the selected introductory period of 24 or 12 months.

Terms and conditions apply.
Features and benefits are subject to alteration/cancellation.

  • No approval-in-principle fees. Check your eligibility at no cost.
  • Reduced processing fee: 0.5% + VAT
  • Down Payment : 15% for UAE Nationals and 20% for ResidencesDown Payment  
    • Borrow up to 85% of the value of your home for UAE national first-time buyers
    • Borrow up to 80% of the value of your home for expat first-time buyers
  • Borrow up to AED 20 million
  • Shariah compliance also is applicable

Buyout Loans

  • No processing fees on buyout Loans
  • Refund of valuation fees up to AED 3,000 per property
  • Refund of up to AED 10,000 per property for buyout fees

After the introductory period, all rates will revert to a variable rate based on the bank defined mortgage base rate and a pre-agreed margin.

RAKBANK Home In One

RAKBANK Home In One

RAKBANK

MINIMUM SALARY

AED 15,000

FIXED RATE

2.69%

LOAN AMOUNT

AED 0

REDUCING RATE

4.87%

DOWN PAYMENT

25.00%

  • Low Cost Mortgage - Interest saving option
  • Nil In Principle Approvals (IPA) fees
  • Bundled Emirates Skywards World Elite Credit Card
  • Interest calculated on daily balances held
  • Competitive interest rates

Minimum Salary Required

AED 15,000

Fixed Rate

2.69%

Reducing Rate

4.87%

Down Payment

25.00%

Key Features

  • 3 Years fixed rates starting 2.69%* for salaried customers and 3.49% for Self Employed customers
  • Home in One links your current account balances to your mortgage facility in order to reduce the mortgage balance you’re charged interest on - this will help reduce your mortgage payments each month
  • Your low yielding deposits once placed in Home in One will yield the same rate as that on the loan. Additionally, you will have instant access to your funds.
  • Every deposit you make lowers your interest payments reducing your Facility tenor
  • You can withdraw your available balance at any time, just like any current account
  • Interest is calculated on your daily balances, reducing the effective rate of interest 
  • The Account offers all facilities of a Current Account i.e. Debit Card, Cheque book, Internet and Mobile banking.
  • Get a Emirates Skywards Credit Card (T&C apply) along with the Loan as a bundled offer.
Emirates NBD Home Loan for Expatriates

Emirates NBD Home Loan for Expatriates

Emirates NBD

MINIMUM SALARY

AED 20,000

FIXED RATE

2.89%

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

5.25%

DOWN PAYMENT

25.00%

  • Competitive Interest Rates

Minimum Salary Required

AED 20,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.89%

Reducing Rate

5.25%

Down Payment

25.00%

Key Features

  • Loan amount offered up to AED 15 million* or 70 salary multiples, whichever is lower
  • Financing up to 75% of the property value
  • Loan tenor up to 25 years
  • Pre - Approval facility Available for salaried & self-employed individuals
ADIB Home Loan for Expats

ADIB Home Loan for Expats

Abu Dhabi Islamic Bank (ADIB)

MINIMUM SALARY

AED 15,000

FIXED RATE

2.06%

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

3.75%

DOWN PAYMENT

25.00%

  • Free property insurance for the entire tenure
  • Optional grace period up to six months
  • Automatic priority status upgrade
  • Life insurance financing

Minimum Salary Required

AED 15,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.06%

Reducing Rate

3.75%

Down Payment

25.00%

Key Features

  • Six months optional grace period (for Salary Transfer customers)
  • ADIB paid property insurance for the full tenure
  • Financing of up to 80% of property value
  • No early settlement fees when selling the property
  • Free partial settlement of up to 30% outstanding annually
  • Salary transfer is optional
  • Financing available for self-employed applicants
ADIB Home Loan for UAE Nationals

ADIB Home Loan for UAE Nationals

Abu Dhabi Islamic Bank (ADIB)

MINIMUM SALARY

AED 10,000

FIXED RATE

2.06%

LOAN AMOUNT

AED 20,000,000

REDUCING RATE

3.75%

DOWN PAYMENT

20.00%

  • Free property insurance for the entire tenure
  • Optional grace period up to six months
  • Automatic priority status upgrade
  • Life insurance financing.

Minimum Salary Required

AED 10,000

Max Loan Amount

AED 20,000,000

Fixed Rate

2.06%

Reducing Rate

3.75%

Down Payment

20.00%

Key Features

  • Financing of up to AED 20 million for UAE Nationals
  • Six months optional grace period (for Salary Transfer customers)
  • ADIB paid property insurance for the full tenure
  • Financing of up to 80% of the property value
  • No early settlement fees when selling the property
  • Free partial settlement of up to 30% outstanding annually
  • Salary transfer is optional
  • Financing available for self-employed applicants
Emirates NBD Home Loans for UAE Nationals

Emirates NBD Home Loans for UAE Nationals

Emirates NBD

MINIMUM SALARY

AED 10,000

FIXED RATE

2.89 %

LOAN AMOUNT

AED 15,000,000

REDUCING RATE

5.25 %

DOWN PAYMENT

20.00 %

  • Pre-Approval Facility

Minimum Salary Required

AED 10,000

Max Loan Amount

AED 15,000,000

Fixed Rate

2.89 %

Reducing Rate

5.25 %

Down Payment

20.00 %

Key Features

Loan amount offered up to AED 15 million* or 80 salary multiples, whichever is lower
Financing up to 80% of the property value
Loan tenor up to 25 years
Pre - Approval facility
Available for salaried & self-employed individuals

Home Loan for Non Residents

Home Loan for Non Residents

Mashreq Bank

MINIMUM SALARY

AED 15000

FIXED RATE

LOAN AMOUNT

AED 10000000

REDUCING RATE

1.49

DOWN PAYMENT

50

  • Loan value upto 50% of the FMV of the property
  • Upto AED 10 million
  • 25 years of tenor
  • Loan is offered to both salaried and self-employed

Minimum Salary Required

AED 15000

Max Loan Amount

AED 10000000

Reducing Rate

1.49

Down Payment

50

Key Features

  • Secure a Home loan of up to AED 10 million with Mashreq.
  • Loan is offered to both salaried and self-employed.
  • Low interest rate options to make your loan reasonable.
  • To a non UAE resident Mashreq finances up to 50% of the fair market value of the property.
  • The fair market value of a property is determined by a Mashreq approved Independent valuation agency
  • For home loans in UAE to a non-UAE Resident Mashreq finances up to AED 10 million.
  • Based on the financials Mashreq's home loan officer will assist you in determining your home loan eligibility.
  • For home loans in UAE to non-UAE residents the maximum loan tenor is 25 years.